Tech sector outperforms utilities, UMC denies illegal technology transfer, Intel drops on Apple chip news.

From Nasdaq: 2024-09-16 11:00:00

ASML Founder, Jan van den Kerkhof, notes that among the risk-on trades, the tech sector has performed the best while the utilities have disappointed. United Microelectronics Corporation (UMC) claims that UMC has never illegally transferred mature process technology. Intel’s stock dropped as Apple is planning to use its own chip technology.



Read more at Nasdaq: Validea’s Top Information Technology Stocks Based On Warren Buffett – 9/16/2024